Show outs ide capital beede neede g NO IN 01 0 x 7 IM I 1 4 aw greatest need today is the return of 0 outside capital tor for the development of its vast store og 0 undeveloped resources years aga outside capital took a hand in the development of oe them the states mineral resources and today the industry Is iq the most important consumer at etah grown and manufactured products the entrance of outside capital into tho development ot of utah mining had its inception when the haggin interests ot of san francisco california acquired control ot of the old ontario claim at park city which gave mining in utah the impetus that it needed at that he time haggin and hearst had bad heard beard ot of the ore discoveries that were being made mada iq ill utah and after the discovery of 0 the famous C comstock 0 amstock lode at virginia city nevada they sent a scout to utah to see sea it another comstock was in the making here the comstock was discover ed in 1859 but it was several years after this that the man wag sent to utah the scout was attracted to park pity city oy by reports of 0 ore ora discoveries in a shaft a few ew miles south and east ot 0 the present town of 0 park city the shaft was being sunk on the Ilaw keye claim in what is now called Al mchenry cHenry canyon and in addition to a good showing of ore a heavy flow of 0 water had been developed riding horseback the scout took the usual round abou about way 0 to o reach the borki workings after a brief bartet examination he be turned the prospect aown iown on the theory that the water problem more than offset the ore showing at that depth and addi lional development expensive i returning to park city the a small larm farni community tha tho took a shortcut over the mo moul i when he be reached the sum it ontario ridge he saw four loupa trenching drenching tren ching near a juniper tre treah dismounted examined the pro amr and took an option on the tha af c his option was for 30 day day called for the payment ol of 3 before tho the 30 days were up H and hearst had bad purchased seM claims tor for this abis inc inca the tha old ontario claim no 3 first filed in the park city ill this was the beginning great m mining in venture on capital was brought in tar or do ment and the to yielded e Z in ores which went to Z iness and industrial chaale ulle 1 I utah as well as launching i H and upon a su successful sefu ing venture in utah others were attracted 1 inn 11 1 abely to the parla parl city reglia outside capital began to c state tor for other Ont arios jj t J daly went east and finance daly judge a and daly ewsii producers in I 1 the he pr maxs ak city v alb Is then the silver king coalition developed q nothing begets success mote y success other camps were bro to the ha forefront tor for front including bing it tintic gintic alta frisco in beaver c lt ty and others along about jackling and his associates b 11 to 11 ure on the utah copper coppel in 1901 the foundation tot orl states greatest single indus ivansh enterprise was land nhen ihen ewt jackling Jac klins went east and fl cince bingham project |